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Archive: April 2, 2024

NMIMS Chandigarh’s STME Conducts InnovateX Hackathon – Encourages Students to Leverage Technology for Societal Good

NMIMS Chandigarh School of Technology Management’s (STME) Matrixx Technical Club and ACM chapter organised the ‘InnovateX Hackathon’, a first-ever Intra-college two-day hackathon on campus premises. Held under the guidance of Dr. Jyotsna Singh, Associate Dean, STME and Faculty Coordinators Dr. Jagpreet and Dr. Aditya Bakshi, the theme of the hackathon was ‘Tech for Social Impact’. It was dedicated to harnessing technology for positive social change and urging students to bring out their creative capabilities to develop solutions that have a meaningful impact on society. The event brought together all STME students to collaborate, innovate and develop prototypes of tech-driven solutions.

 The participating students worked on various problem statements such as a Health and Wellness Platform- Developing solutions to improve access to healthcare services and promote well-being; a Navigation App for Blind People – Designing navigation aids to assist visually impaired individuals; a Financial Empowerment App – Crafting digital platforms to promote financial literacy and facilitate effective money management; an Education Accessibility Portal – Creating tools to enhance accessibility and inclusivity in education, and Accessible Transportation Solutions – Building systems to optimise transportation routes and enhance public transit accessibility.

 The judges for the hackathon were domain and technical experts, Mr. Kundan Munjal, Chief Operating Officer, Zenmonk Technologies, Mohali, and Mr. Anoop Jain, CTO and Enterprise Architect, UCule Computing Pvt Ltd. (FIS), Mohali. Meanwhile, the student coordinators for the event were Mr. Agamjot Singh, Ms. Bhavya Jha, Mr. Anoop Gupta and Mr. Manjot Singh.

 The two-day coding event saw 8 teams of 5 members each presenting their ideas on one of the themes to mentors and judges. Through three rounds of evaluations of the hackathon, students empathised and defined their problems, and presented their solutions in front of judges in the form of live demonstrations.

 On the concluding day, Mr. Munjal and Mr. Jain evaluated the prototypes developed by the participating groups. The judging criteria included aspects such as innovation, feasibility, impact, scalability and presentation quality of the ideas put forth by the students.

 Team 2 secured the first position for their Education Accessibility Platform. Led by Agamjot Singh Monga, the team consisted of Manjot Singh Jolly, Aarushi Vashist, Sarisht Sharma, and Saksham Tripathi. Following closely behind, Team 4 clinched the second position with their Finance Management Platform. Bhavya Jha led the team, which included members Raghav Yogi, Taranjot Singh, Ryan Kukreti, and Bhuvnesh Wadhwa.

  The unique prototypes presented at the hackathon saw a display of a range of innovative ideas and approaches and showed the students’ dedication to leveraging technology for social good.

Sabhyata Foundation Takes Charge of India’s Four Historic Monuments under ‘Adopt a Heritage 2.0’ Initiative

Hyderabad/ New Delhi, April 2, 2024: Sabhyata Foundation, a not-for-profit company dedicated to preserving and promoting India’s cultural heritage, has been entrusted with the upkeep and promotion of India’s four iconic monuments under the Government’s “Adopt a Heritage 2.0″project. The adopted monuments include Purana Qila, Humayun’s Tomb, Safdarjung Tomb, and Mehrauli Archaeological Park located in the heart of the capital. The initiative introduced by Ministry of Culture and Archeological Survey of India (ASI), aims for partnerships with private/public sector entities to provide, develop and maintain amenities at centrally protected monuments and sites. The special announcement programme held at the majestic Purana Quila was graced by Shri S. Jaishankar, Hon’ble Minister of External Affairs, Govt of India, as the Chief Guest, and other distinguished guests.

As ‘Smaarak Saarthi’, Sabhyata Foundation will undertake the responsibility of enhancing visitor experiences at these four heritage sites, positioning them as must-visit destinations. Its primary goals will include increasing footfalls, enhancing amenities and creating memorable experiences while focusing on hygiene, accessibility, safety and knowledge.

Shri Govind Mohan, Secretary, Ministry of Culture shared: “In line with our Hon’ble Prime Minister’s vision of ‘Virasat Bhi, Vikas Bhi’, this initiative exemplifies our commitment to preserving India’s diverse heritage through collaborative efforts uniting government, corporates and citizens in safeguarding our rich cultural legacy. Sabhyata Foundation’s adoption of these four monuments represents the spirit of ‘Sabka Saath, Sabka Vikas, Sabka Prayaas’, ushering a new era of vibrant heritage appreciation.”

Speaking on the occasion, Mr. Puneet Dalmia, MD & CEO, Dalmia Bharat and Monument Mitra – Red Fort which has partnered with Sabhyata Foundation on several occasions said, “Monuments and cultural sites are the heart of a nation’s identity, shaping its history and heritage, not just as relics of the past, but as symbols of our rich legacy. As our implementation partner at Red Fort, Sabhyata Foundation has done a commendable job in creating unforgettable experiences. I wish them the very best in their future endeavours.”

Shri Yadubir Singh Rawat, Director General, Archeological Survey of India commented, “Adopt a Heritage 2.0 has been launched on the back of the demonstrated success of first round initiated in 2017. Red Fort is a shining example how we have added technology and modernity to create enhanced experiences of our heritage landmarks. However, we have 4000 such monuments that require our efforts and we look forward to the participation from private organisations so that the national cultural treasures continue to remain inspirational for the future generations too. We are thankful to the Ministry of Culture for their continued support and encouragement.”

Mr. Ravi Jhunjhunwala, CEO, HEG Ltd. and Board Member, Sabhyata Foundation said, “Sabhyata Foundation is committed to preserving and promoting the cultural and heritage ecosystem of India and is dedicated to deliver world class experiences of Indian heritage, art, architecture and culture. We are further strengthening our team by building a strong advisory board of passionate and accomplished individuals: Mr. Nakul Anand, former Executive Director, ITC has agreed to join as Chairman of the Advisory Board; Mrs. Avantika Dalmia, Chairperson, Avanee Foundation has joined us as the Co-Chair, Mrs. Vasvi Bharat Ram, Joint Vice Chairperson, The Shri Ram Schools and Mrs. Avarna Jain, Vice Chairperson of the Board, Saregama India Ltd. have joined as esteemed members of the Advisory Board.”

Sabhyata Foundation’s plan for Purana Qila involves enhancing visitor experiences by interpreting the historical significance of the site through research-backed evidence. Plans include a sound and light show, a museum showcasing excavated artifacts from various historical periods and a souvenir shop. The foundation will organize year-round site activities and work closely with the Ministry of Culture and ASI to access authentic research, experts and historic artifacts. Fine dining experiences themed around ‘Ancient Grains of India’ will be conducted in strategic locations. Heritage walks and interactive displays will enrich the narrative further. Plans for the other three monuments will be revealed subsequently.

Celebrate the joy of new beginnings with Amazon.in’s specially curated Ugadi Shopping Store

Bengaluru, April 2 2024: Embrace the festive spirit and celebrate new beginnings with Amazon.in’s specially curated ‘Ugadi Shopping Store’ with offers across a wide selection of products that cater to varied shopping needs of customers. Customers can avail great offers on essentials including ethnic wear, grocery, electronics, appliances, home décor, fashion and beauty essentials, accessories, and much more. The shopping store will be live till 15th April 2024.

The specially curated store brings incredible deals on top brands such as Philips, Samsung, MI, One Plus, Realme, BIBA, W, Janasya, Amazon and Lifelong, amongst others.

Here are offers and deals by participating sellers from the Amazon.in’s Ugadi Shopping Store.

Essentials for new year puja

  • Shubhkart Nitya Copper Kalash: Made from high-quality copper, this kalash is designed to bring auspiciousness and positivity to one’s home. It’s traditional design and intricate craftsmanship make it ideal for religious ceremonies and rituals. Get this on Amazon.in
  • Pure Source India Dimond Cut Brass Lota for Puja: This intricately designed kalash is crafted with premium materials that add elegance and sophistication. Perfect for religious ceremonies or as a decorative piece, it enhances the essence of rituals. Get this on Amazon.in
  • Puja N pujari Brass Pooja Kalash Lota Puja Articles for Pooja: This beautifully crafted brass kalash by Puja N Pujari embodies a contemporary design and adds positive energy to the puja mandir. Get this on Amazon.in

Elevate the aesthetic of your home

  • Ugaoo Lucky Bamboo 3 Layer Feng Shui Plant: Bamboo plant according to Feng Shui is said to bring good luck and prosperity to one’s home. One of the most popular indoor plants that is easy to care for making it a perfect plant for home decor. Get this on Amazon.in
  • Ugaoo Good Luck Jade Plant with Self Watering Pot: The Crassula Green Mini, also known as the Jade Plant, is an effortlessly low-maintenance addition to one’s home décor. Featuring thick branched stems and small fleshy oval leaves, this plant is not just visually appealing but is also associated with bringing good luck and prosperity as per Feng Shui beliefs. Get this on Amazon.in
  • GIFTONETREE Summer Flowers Seeds: Elevate your garden with the Cosmos, Balsam, Gomphrena, Gaillardia Double Mix, Sunflower and Zinnia Mix seeds. It includes varieties of seeds, each carefully selected for their beauty and resilience. Get this on Amazon.in.
  • Ugaoo Sansevieria Golden Hahnii Snake Plant with Self-Watering Pot: A dwarf variety of the famed snake plant family, the Sansevieria Golden Hahnii sports beautiful variegated leaves in grey-green with dark green bands and golden yellow margins. Its compact size makes it an excellent choice for office desks and small spaces. Get this on Amazon.in
  • Frame House’s Chhatrapati Shivaji Maharaj and Tulja Bhavani Sword-Giving Photo Frame: Transform your living or workspace into an inspiring environment, celebrating the valour and leadership of Chhatrapati Shivaji Maharaj. The frame is expertly designed with premium acrylic glass to ensure durability and enhance visual appeal. Get this on Amazon.in for INR 319

Must-have grocery essentials for the New Year celebration:

  • Aashirvaad Svasti Pure Cow Ghee: Add an extra bit of goodness to the meals with Aashirvaad Svasti Pure Cow Ghee made with a special SloCook process. With Vitamin A for immunity, one can ensure safety and health of one’s family. Get this on Amazon.in
  • Daawat Rozana Super Basmati Rice 5Kg: Elevate the dishes with the rich aroma and superior quality of Rozana Super Basmati Rice that makes every meal a delightful affair. Enjoy the daily meals with goodness and taste. Get this on Amazon.in
  • Lal Sweets Special Mysore Pak Signature: Made with finest ingredients and generous love, Lal Sweets special Mysore Pak is a timeless classic that melts in one’s month. Get this on Amazon.in
  • MTR Gulab Jamun Tin 1Kg: These deliciously soft and tempting Gulab jamuns melt in the mouth. Made of pure ghee and tasty ingredients, they are a perfect fit for every celebration. Get this on Amazon.in
  • Fresh Banana Robusta, 1kg: These bananas come in semi-tall varieties that are grown mostly in Tamil Nadu, Andhra Pradesh, Maharashtra, and some parts of Karnataka. Get this on Amazon.in

Get all decked up in ethnic wear and accessories that suit your style:

  • BIBA Women’s Cotton Salwar Kurta Dupatta: Elevate your ethnic wardrobe with this stunning light yellow kurti set from BIBA. Crafted from premium-quality fabric, it offers both comfort and style. The set includes a beautifully designed kurti with intricate embroidery and a matching dupatta, perfect for any festive or special occasion. Get this on Amazon.in
  • Vastramay VM Mens Silk Blend Kurta Pyjama Set: This soft and comfortable solid full-sleeve kurta and churidar pyjama set is perfect for any occasion. Elevate your look with this elegant ensemble, designed for both style and comfort. Get this on Amazon.in
  • Mochi Men’s Leather Sandals: These Sandals are comfortable, stylish, and a perfect match for your ethnic attire. Get this on Amazon.in
  • YouBella Jewellery Set for women Gold Plated: This long traditional maharani coin jewellery set comes with a necklace and earring that are non-allergic and skin friendly. Get this on Amazon.in

Get festive ready with these grooming products

  • Philips Multi Grooming Kit: This all-in-one grooming solution is equipped with multiple size attachments for all grooming needs. Its ergonomic design ensures comfortable handling, while the rechargeable battery provides long-lasting performance. Get this on Amazon.in
  • PHILIPS Hair Straightener Brush with Careenhance Technology – Thermoprotect: Effortlessly transform the hair with this straightener brush, equipped with Thermoprotect technology. Achieve naturally straight, shiny, and frizz-free hair in just 5 minutes. Enhanced with Keratin-infused ceramic bristles, it minimizes heat damage while providing Silk ProCare for a smooth finish. Get his on Amazon.in

Celebrate new beginnings with the latest electronics and gadgets

  • iQOO Z9 5G (Brushed Green, 8GB RAM, 128GB Storage): Elevate your mobile experience with the iQOO Z9 5G smartphone that is powered by the MediaTek Dimensity 1200 processor, 6.78-inch Full HD+ display perfect for watching videos and playing games. It captures every detail with the versatile triple camera setup, featuring a 50MP main camera and 16MP front camera that ensures stunning selfies every time. Get this on Amazon.in
  • OnePlus 12R (Cool Blue, 8GB RAM, 128GB Storage): A cutting-edge smartphone designed to redefine your mobile experience. With its sleek design and 128GB storage capacity, this device seamlessly blends style and functionality. Capture every moment in stunning detail with its advanced 50MP triple camera system. Enjoy lightning-fast 5G connectivity for seamless streaming and browsing on the go. Get this on Amazon.in
  • Realme NARZO 70 Pro 5G (Glass Green, 8GB RAM,256GB Storage): It is a stylish and powerful smartphone with a MediaTek Dimensity chipset, 6GB RAM, and 128GB storage. It features a 6.5-inch full HD+ display and a 64MP triple camera setup for stunning photos. With a 5000mAh battery, it offers long-lasting performance. Get this on Amazon.in
  • pTron Zenbuds 1 ANC Earbuds: Experience immersive listening with active noise cancellation and crystal-clear sound. The ergonomic design and long-lasting battery provides uninterrupted entertainment. Get this on Amazon.in
  • Samsung 108 cm (43 inches) Crystal iSmart 4K Ultra HD Smart LED TV: Immerse in stunning visuals with Crystal 4K technology, delivering vibrant colors and sharp details. With a sleek design and multiple connectivity options, this TV is perfect for any modern living space. Get this on Amazon.in

Enhance your kitchen with essentials

  • Instant Pot Electric Pressure Cooker 6 Litre: This versatile kitchen essential combines multiple appliances in one, saving you time and space. With programmable settings for pressure cooking, slow cooking, sautéing, steaming, and more, it makes meal preparation effortless. Whether you’re cooking soups, stews, rice, or yogurt, the Instant Pot delivers consistent and delicious results every time. Get this on Amazon.in
  • Finner Plastic Multipurpose 4 Section Storage Box: Keep snacks organized and fresh with this convenient storage solution. With multiple compartments, it is perfect to store a variety of dry fruits, nuts, candies, and more. The transparent lid allows for easy visibility of contents, while the durable plastic material ensures long-lasting use. Compact and stylish, it is an essential addition to any kitchen or dining space. Get this on Amazon.in

Toys that spark imagination and delight

  • Storio Toys Dancing Cactus Talking Toy: This adorable cactus dances and talks with just a press of a button, providing endless fun for kids. Get this on Amazon.in
  • Skillmatics Board Game Rapid Rumble: With a focus on developing essential skills such as problem-solving, critical thinking, and communication, this game offers hours of fun for children and adults alike. Ideal for family game nights, gatherings, or educational purposes, the game encourages interactive play and fosters creativity. Get this on Amazon.in

Spread joy with Amazon Gift Cards

  • Amazon Pay eGift Card: Experience the joy of gifting with Amazon Pay eGift Cards and give your loved once a choice to buy a perfect gift. Get this from Amazon.in

BOBCARD Limited Hashtag AurKyaChahiye Campaign: Where Convenience Meets Innovation

Delhi, 02 April, 2024: BOBCARD Limited (formerly known as BOB Financial Solutions Limited), a leading subsidiary of Bank of Baroda, unveils #AurKyaChahiye campaign, showcasing the smooth integration of RuPay BOBCARD with UPI, enhancing customer experience and providing unparalleled convenience for everyday digital transactions and instant access to credit.

The campaign aims to raise awareness among consumers about the game-changing capabilities of RuPay BOBCARD on the UPI platform, enabling users to access their credit cards with unprecedented ease. Through a humorous yet relatable narrative featuring an auto-rickshaw driver and a passenger, the campaign illustrates the benefits of linking credit cards to UPI, emphasizing convenience and innovation in digital payments.

In a bustling railway station setting, the campaign’s protagonist, an auto-rickshaw driver, witnesses the frustration caused by traditional payment methods. However, the mood shifts when he introduces the simplicity of UPI-linked credit cards to the passenger. The subsequent scenes showcase the passenger seamlessly using the service with a tagline “Galat time mein out of balance mat ho jaye, Aaj hi UPI pe RuPay BOBCARD apnaye #AurKyaChahiye”, ultimately empowering her with the ability to transact without worrying about running out of cash or balance even for small ticket size payments.

Ravindra Rai M, Deputy Managing Director of BOBCARD Limited, commented on the launch, stating, “In recent years, UPI payments have experienced significant growth, yet credit card users have been deprived of the advantages of UPI transactions. The recent integration of RuPay credit cards onto the UPI platform by RBI and NPCI has effectively filled this void. BOBCARD stands out as an early adopter of this regulatory initiative, ensuring our customers never worry about running out of funds, even for small day-to-day transactions, with unparalleled ease and speed.”

He continued, “From corner Kirana shops to large supermarkets, UPI payments have become a favorite among all. They’re fast, effortless, and eliminate the need for cash – making them the ideal choice for your busy lifestyle. With the introduction of RuPay Credit Cards on the UPI platform, consumers now enjoy enhanced convenience and instant credit availability that led to greater customer satisfaction. Our #AurKyaChahiye campaign strives to educate users about the perks of UPI-linked credit cards through real-life scenarios portrayed in a series of digital films. This initiative seeks to accelerate the adoption of digital payments, supporting our vision of a cashless economy.”

The campaign targets the Indian smartphone users to guide them on the ease of using credit card on UPI through various use cases where credit card can be used instead of cash or any other payment mode for quick and hassle-free transactions.

“In our journey of transformation, we wanted every experience with BOBCARD to be reimagined like never before. The ability to scan and pay through UPI with your RuPay BOBCARD is one such step to forge meaningful connections with our audience and stay ahead of the curve. So, it was a strategic move to communicate about this revolutionary feature in the modern Indian banking system, in the language that most Indians emotionally associate with – Bollywood. We reimagined and recreated some iconic scenes from the B-Town to drive ‘Top of the mind’ recall and reaffirm our commitment to stay relevant”, said Sunil Gangras, Head of Creative Services, Liqvd Asia.

Linking RuPay credit cards with UPI offers numerous benefits. It simplifies financial activities, enables instant transactions, enhances security, and provides access to a credit line. The #AurKyaChahiye campaign stimulates the ease and versatility of UPI-linked credit cards, urging users to embrace digital payments with RuPay BOBCARD on UPI. It will be promoted across brand channels encompassing Socials, Email, strategic PR and more.

Shark Tank winner among city’s top D2C founders to converge at Simpl’s D2C Unlocked on April 4th

Rajasthan, 02nd April 2024: Simpl – India’s foremost Checkout Network, today announced its D2C Unlocked, a community-based start-up founders meet scheduled for April 04th in Jaipur. Titled Khamma Ghani, the event will witness a panel discussion followed by a networking event where startups can engage with the Shark Tank winner and other panelists and gain rich insights about their entrepreneurial journey.

shark tank d2c

In its Chapter 22, D2C Unlocked in Jaipur will offer attendees a unique opportunity to actively engage and interact with industry peers and experts. They will also get to participate in dynamic discussions and gain insights from those who have successfully built and expanded D2C brands. Distinguished founders from Jaipur, including Nitin Jain, Founder of Indigifts, will share his experiences from the popular business reality show Shark Tank and discuss how startups can aspire to participate in such events to boost their brands. Nitin secured a 50 lakhs investment from Sugar Cosmetics CEO Vineeta Singh, Boat founder Aman Gupta, and OYO founder Ritesh Agarwal.

Joining them will be Mahesh Tekwani, Founder of SAADA, Mayank Mohan, General Manager at Affinidi and Tarun Kumar, Founder Noastrix. The panel will delve into topics such as innovative marketing strategies, overcoming challenges in product development, and the evolving trends shaping the D2C sector.

Commenting on the development, Nitya Sharma, Founder & Chief Executive Officer, Simpl, said, “The startup landscape in Rajasthan is among the fastest-growing in the country, bolstered by initiatives like iSmart, which provides single-window clearance and facilitates investment from the industry. These efforts are nurturing a thriving homegrown startup ecosystem in the state. As an organisation dedicated to empowering the merchant landscape in India, we recognise the importance of startups networking with fellow founders to glean insights and accelerate their growth journey. We are delighted to host our popular event, D2C Unlocked, for the second time in Jaipur. The enthusiasm for the event is palpable, and we eagerly anticipate connecting with as many founders from the state as possible to expand our community.

Rajasthan is one of the emerging hubs of the startup ecosystems in the country and has assisted more than 4435 startups and supported more than 2088 women-led startups across the state with financial support of more than 307 Million.

President Shri. K.L Ganju, o.c.v.c (cdr.), Consul General (Hy.) and Advisor to the Foreign Minister, Union of Comoros, President & Members of Board of Directors of Honorary Consular Corps Diplomatique-India Hosts an evening to celebrate Consular Day.

The Honorary Consular Corps Diplomatique-India (HCCD-India) hosted an evening to celebrate Consular Day, recognizing the valuable contributions of Honorary Consuls in India.

The Honourable Governor of Tamil Nadu, Thiru. R. N. Ravi graced the occasion as the Chief Guest. In his address, the governor underscored the critical role Honorary Consuls play in showcasing the transformative journey of “New India” to the global community.

CONSULAR DAY

On the occasion President Shri K.L Ganju President, highlighted the vital role Honorary Consuls play in facilitating consular services and promoting flourishing trade relations between sending and receiving countries.

The prestigious “Vivek Burman (Dabur) Peace Prize” was presented to the National Agro Foundation (NAF), Chennai. Established in 2000 by Mr. C. Subramaniam and nurtured by Dr. A.P.J. Abdul Kalam, NAF is a public charitable trust dedicated to comprehensive agricultural and rural development. Received by its Managing Trustee Mr. S.S. Rajasekar.

The distinguished guests who graced the occasion included Rear Admiral Ravi Kumar Dhingra, Dr. Yashwanth Kumar Venkataraman, Mr. Mohan Suresh , Jagdip Singh, Honorary Consul of Republic of Korea, , Mr. T. Shanta Kumar, Honorary Consulate of Malta, Nawab Mir Nasir Ali Khan, Honorary Consul of Kazakhstan, were also present. Ambassadors, High Commissioners and Hony. Consuls from across India, along with officials from the Ministry of External Affairs, joined the celebration.

My Inbox Media Celebrates 14 Years: A Global Tech Leader Trusted by Big Brands

New Delhi, April 1, 2024 – My Inbox Media (MiM), a leading multinational corporation (MNC) in IT and telecommunication solutions, marks its 14th year of success with a remarkable journey. Founded in 2010 with a small team of five in Delhi, MiM has soared into a global force with over 25,000 clients across 20 countries. Their impressive growth is further underscored by a team exceeding 100 employees and a presence in nine offices worldwide.

My Inbox Media Turns 14

MiM’s core mission is to empower businesses. They achieve this by providing custom-tailored IT and communication solutions designed to meet each client’s specific needs. Their expertise extends beyond consulting, with a proven track record of developing over 50 applications to directly address client challenges.

The company boasts a prestigious clientele that includes industry giants like Sony, Etihad, BMW, Titan, Honda, SBI, Lenskart, and many more. This trust is a testament to MiM’s unwavering commitment to innovation and excellence. Under the visionary leadership of Mr. Yusuf Hasan, the company fosters a culture that values “the combination of hope and hard work” as its greatest asset.

Looking ahead, MiM’s sights are set on further expansion. They are actively pursuing opportunities to extend their reach into new countries, solidifying their position as a global leader. This ambition is fueled by a dedicated team that takes immense pride in consistently delivering value to their customers.

“Our client’s needs are at the epicenter of everything that we do,” says a MiM spokesperson. “We believe in leveraging actionable data to curate bespoke strategies that ensure our clients not only achieve their goals but also become leaders in their respective industries.”

MiM’s dedication to continuous growth is evident in their team of expert marketers, designers, and developers. This combined expertise allows them to deliver industry-defining solutions that propel businesses forward.

With a rich legacy of accomplishments and a resolute commitment to the future, My Inbox Media embarks on a path brimming with possibilities. They are poised to conquer new horizons and solidify their presence as a dominant force in the global technological landscape.

Lifezone Metals Closes Private Placement of US$50 Million of Unsecured Convertible Debentures

Lifezone Metals Limited (NYSE: LZM) is pleased to announce the closing in escrow of the previously disclosed US$50 million non-brokered private placement of unsecured convertible debentures. These debentures have been issued to a consortium of marquee mining investors, led by Harry Lundin (Bromma Asset Management Inc.) and Rick Rule.

The unsecured convertible debentures bear interest over a 48-month term, payable quarterly, at a rate of the Secured Overnight Financing Rate (“SOFR”) plus 4.0% per annum, subject to a SOFR floor of 3.0%. The debentures can be redeemed early by Lifezone, subject to the achievement of certain conditions, at a price of 105% plus interest otherwise payable to the maturity date. Interest is payable quarterly via a mix of cash and shares during the first two years and all in cash during the last two years.

The debentures are convertible into common shares of Lifezone at the option of the holder at a price of US$8.00 per share, and is subject to customary adjustments. Mandatory conversion can occur if Lifezone’s share price is greater than 50% above the conversion price for any 15 trading days within a 30 consecutive trading days period.

Net proceeds, once received, will be used to advance the Kabanga Nickel Project and for general corporate and administrative purposes.

The convertible debentures referred to in this notice have not been and will not be registered under the United States Securities Act of 1933 or with any securities regulatory authority of any state of the United States and may not be offered or sold within the United States absent registration or an applicable exemption from registration requirements.

Royal Sundaram’s Innovative Smart Save Add-on: A Rising Need

As India’s automotive industry continues its rapid growth, the need for comprehensive car insurance is becoming increasingly important. With more vehicles hitting the roads each year, the risk of accidents, theft, and damage remains high. While car insurance adoption was low in the past, recent trends show more awareness among buyers to protect their prized assets.

According to a recent report, India’s car insurance penetration was only 3.76% in 2019 compared to 5% in 2016. However, penetration is steadily rising with more players like Royal Sundaram offering innovative products that provide end-to-end support. India’s motor insurance industry is expected to grow at a CAGR of 17% till 2025, indicating the potential for further penetration.

For car owners, insurance is essential to safeguard against monstrous repair bills. The cost of car parts and complex repair requirements can burn a deep hole in one’s pocket without adequate coverage. Comprehensive insurance can cushion the financial blow in case of accidents, theft, riots, natural disasters, etc. Add-on covers provide additional benefits like zero depreciation and engine protection as per individual needs.

While buying coverage is the first step, the claims process poses another major pain point. Lengthy waits for surveyors, denials over nitty-gritties, and running around garages make claims extremely stressful for customers. Therefore, insurers must enhance service quality and make claims settlement as seamless as possible.

Royal Sundaram’s Innovative Smart Save Add-on

Royal Sundaram, one of India’s leading private general insurers, has introduced Smart Save – an Add-on cover that bundles a host of claims services for car insurance customers. It aims to provide timely, hassle-free claims support so that customers can get back on the road faster after accidents.

Benefits of Smart Save:

  • Additional discount of 7.5%, on your Own Damage insurance premium at no additional cost
  • Preferred garage network for hassle-free repair during your claim

In addition to this, part of the best-in-class claims process you get:

  • Free pickup and drop of the insured car for repairs
  • Cashless repairs at Royal Sundaram’s network garages
  • Warranty on replacement parts
  • Quick approvals and car delivery
  • Regular updates on the claims process to keep you at ease

Please note during the claim if repair is done in a garage not listed in the preferred garage network customer will be charged Rs. 3000 as a compulsory deductible.

Once reported, Royal Sundaram will arrange pickup of the damaged car, repair it at a trusted garage, and return the vehicle to the customer’s doorstep. This saves enormous time and effort in coordinating repair logistics and chasing garages. Cashless settlement protects the insured from high upfront costs.

Additionally, a 6-month warranty on parts provides long-term peace of mind. Overall, Royal Sundaram aims to settle motor claims swiftly without any delays and frustrations for the customer.

Smart Save: A Step Forward

While car insurance penetration is gradually rising in India, players like Royal Sundaram are upping the game in claims services which can increase adoption. Smart Save’s bouquet of Add-on benefits provides true end-to-end support to customers after accidents.

India’s motor insurance industry is growing steadily but much work remains to enhance adoption and trust. Companies need to invest heavily in digital channels, data analytics, fraud control, and claims management. Comprehensive products, prompt support and hassle-free processes can make insurance indispensable rather than a forced requirement for car buyers.

As India commemorates 25 years of mandatory motor third-party insurance, insurers need to mirror the country’s growth pace and dynamics. While the regulatory mandate has driven volumes so far, strategic initiatives like Smart Save are imperative to serve customers better in line with their needs and expectations.

For Royal Sundaram customers, Smart Save Add-on helps in getting additional discounts and the overall claims service. It may well emerge as the benchmark for motor claims support as Indian insurers aim for the next level of service experience. For now, it sets the right precedent at a pivotal time for the industry.